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Timberline Resources Closes Offering of 5 Million Shares

Timberline Resources Corporation (TBR.V) has closed the previously announced underwritten public offering of its common stock. The company offered 5 million shares of its common stock at $0.20 per share to the public.

The company intends to use the net proceeds from the offering for exploration of our Lookout Mountain Project in Nevada, exploration and development of other existing or acquired mineral properties, working capital requirements, acquisitions, or for other general corporate purposes.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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